🚀🦎 A Much Needed Quantum Leap 🌌

Thursday, July 6, 2023

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The Face of BlackRock

BlackRock CEO Larry Fink has stated that Bitcoin has the potential to revolutionize the financial industry.

BlackRock's iShares unit recently filed for a spot Bitcoin ETF with the U.S. Securities and Exchange Commission (SEC), although Fink couldn't provide a timeline for the SEC's decision.

In today's news, Binance temporarily halts token withdrawals and deposits, NFT royalty payments decline, and Starknet scalability upgrade coming soon.

Trading Volume on Turkey CEXs

Turkey's crypto trading volume in the first half of 2023 is $34.91 billion, or 46.8% less than the same period last year.

This is however less severe than the decrease for the top India CEXs (-82.3%) or top Indonesia CEXs (-76.6%).

24h Hot Searches Worldwide

Polygon (+1.3%)
ApeCoin (-0.7%)
Bitcoin (+1.1%)
Bitgert (-0.1%)
Pepe 2.0 (+34.4%)
Pink BNB (-18.3%)
Pepe (+3.7%)

The Federal Reserve is one of the most important entities to watch if you're interested in the markets and how they move.

In this video, find out what the Federal Reserve is, what it does, and how their actions can impact the crypto markets! 🏦🪙

Let's find out here!

Halt!

Binance has temporarily halted deposits and withdrawals for 10 multichain bridged tokens, which include assets bridged to Binance Chain, Ethereum, Avalanche, and Fantom.

This action comes after the challenges faced by the Multichain protocol in May. However, users can still withdraw these tokens through other supported networks on the Binance exchange.

Decrypt

How Times Have Changed

Data from Nansen reveals a notable decline in royalty payments for NFT creators, with peak weekly earnings plummeting from 28,000 ETH ($76 million) in April 2022 to 2,000 ETH ($3.8 million) in June 2023.

This decline has been attributed to the emergence of royalty-optional marketplace Blur and the change in policy on leading platform OpenSea, where collectors have the option to contribute more to creator royalties, although this practice appears to be uncommon.

Coindesk

A Giant Leap for StarkNet

Starknet, an Ethereum Layer 2 network, is preparing to release a major upgrade named 'Quantum Leap' on July 13th, aiming to greatly increase the transactions per second on the network.

The upgrade is expected to improve transaction throughput, enhancing the overall user experience on the network.

The Block